D. Giving tasks to other people
Answer:
The correct option is c
Explanation: see the picture attached
Answer:
Cash Dr $9,808,729
To Premium on bond payable $2,008,729
To Bond payable $7,800,000
(Being the issuance of the bond payable is recorded)
Explanation:
The journal entry for issuance of the bond is shown below:
Cash Dr $9,808,729
To Premium on bond payable $2,008,729
To Bond payable $7,800,000
(Being the issuance of the bond payable is recorded)
For recording this we debited the cash as it increased the assets and credited the premium on bond payable as issued amount is more than the face value plus the liabilities is also increased so the bond payable is also credited
Answer:
standard price= $5
Explanation:
Giving the following information:
Quantity of direct materials used 3,000 lbs. Actual unit price of direct materials $5.50 per lb. Units of finished product manufactured 1,400 units Standard direct materials per unit of finished product 2 lbs.Direct materials quantity variance-unfavorable $1,000Direct materials price variance-unfavorable $1,500.
Direct material price variance= (standard price - actual price)*actual quantity
-1,500= (SP - 5.5)*3,000
15,000=3,000SP
5= standard price
Direct material quantity variance= (standard quantity - actual quantity)*standard price
Direct material quantity variance= (1400*2 - 3,000)*5
Direct material quantity variance= 1,000 unfavorable
